TANNERS, FREIGHT LANE, CRANBROOK, TN17 3PF - £1,200,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

TANNERS is a very large extended detached house of 286m², built sometime before 1900. It was last sold for £1,200,000 in August 2018, which was around 60% above the average August 2018 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was October 2017, where the current energy rating was F, and the potential energy rating was D.

TANNERS Sold Prices

Land registry data shows two sales for TANNERS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. Both of the two TANNERS sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 20 AUG	£1,200,000	£751,385	60% above HPI
1996 12 JAN	£170,000	£143,593	18% above HPI

TANNERS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tunbridge Wells local authority area over time, sourced from the HPI. The two TANNERS sales from January 1996 and August 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 1996 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2018 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is TANNERS?

TANNERS is 286m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 10% of detached houses in Cranbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Cranbrook, and where TANNERS lies on this distribution: 98% of detached houses are smaller than TANNERS, and 2% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

TANNERS: Plot and Title Map

TANNERS sits on a plot of roughly 0.243 of an acre, or 983m². The below map shows the location of TANNERS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of TANNERS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is TANNERS?

TANNERS is located on FREIGHT LANE in CRANBROOK, in the TN17 postcode district. The below map shows the position of TANNERS on FREIGHT LANE.